Marimedia Share Discussion Threads

[trentend boy] 19/7/2014 16:55

Highly likely it will need a rights issue in a month to buy that a year-old lossmaking company . Option expires in August.As stated in the Admission Document published on 22 May 2014, the Company has an option to acquire Taptica Limited ("Taptica"), which expires in August 2014.

[penpont] 19/7/2014 16:42

Hog away nurdin! Just noticed this in the IC and looks interesting. What kind of size can you get within the spread - acc to selftrade the NMS is 60k currently.

[nurdin] 19/7/2014 11:38

Good institutional backing here as well including Slater Investments who hold 2.3m shares.I can see why.

Sorry to hog the BB

[nurdin] 19/7/2014 08:24

Some excerpts from the IC tip..

't's important that Marimedia has compelling technology because competition in the digital media market is intense. However, given that the market is estimated to be worth $120bn (£70.1bn) digital media market, there is plenty to go for. And so far, Marimedia has been doing well. From a low base, annual sales have grown at a compounded rate of 88 per cent between 2010 and 2013, and the company says revenues have risen at least 45 per cent in the first half of this year. Moreover, broker N+1 Singer expects both its sales and cash profits to grow at a compounded rate of over 35 per cent over the next three years.'

...and

'Fast-growing and profitable businesses typically have lofty ratings, but Marimedia's shares offer surprisingly good value. They trade at 12 times N+1 Singer's forecast earnings for 2015, falling to 10 times earnings in 2016. There is also a modest but useful dividend of 1 per cent expected this year, rising to 2.1 per cent in 2015.'

[nurdin] 18/7/2014 15:46

starting to perk up..expect it move better on Monday once the IC readers have digested the tip over the weekend

[nurdin] 18/7/2014 09:38

cheers jakleeds

[jakleeds] 18/7/2014 09:00

IC nurdin...

[nurdin] 18/7/2014 08:46

Flurry of small buys this morning...tipped somewhere?

[nurdin] 16/7/2014 20:09

This is Marimedias acquisition target...worth a read

[markie7] 16/7/2014 11:14

tend to agree. nice and quiet for now.

[nurdin] 16/7/2014 10:31

The company came to the market at 153p....and you can still buy the shares at just 4.5% above the float price. Dont think there will be a better opportunity to build up a decent stake,as I have been.All imo.

[markie7] 16/7/2014 10:21

one or two decent statements and this will be off to the races. just needs a bit of a track record that's all.

[nurdin] 16/7/2014 09:40

...and by the way the recent TS underpins the forecasts..

'Looking ahead, the Company expects to continue to grow the business and deliver on its targets. With this and the expected growth of the online media market, the Company is on track to achieve significant revenue growth for 2014 compared with 2013, and as such continues to trade in line with management and market expectations..'

[nurdin] 16/7/2014 09:10

Indeed tomstone.
Brokers certainly have appreciated the potential here and are forecasting mouthwatering growth this and the following year.Forecasts as follows..pretax,eps,PE and PEG

2014 7.03 9.45 35.85 16.82 0.47
2015 10.36 12.89 36.37 12.33 0.34

[tomstone12] 15/7/2014 10:43

Interesting company, the technology for smart ad placement is a step up from most "manual" ad networks, which consist most of their competitors. I believe the management team and the growth trajectory will make this fly, hoping that is :)

[john09] 11/7/2014 16:06

Ok . I had read the IPO doc though and at the time made some notes and recalled the numbers being in $ . You may be right. It's a while since I read up on this one.

[nurdin] 11/7/2014 16:00

Dont know where you coming from John...forecast for 2014 is £7.03m.I dont have pretax figures for 2013 but operating profit was £5.11m.So the 2014 forecast is not miles away from 45% rise over 2013

[john09] 11/7/2014 15:53

That's double 2014. And they've already stated revenues are 45% ahead I think rather than 100% up.

[nurdin] 11/7/2014 15:47

Yes £10.36 in 2015

[nurdin] 11/7/2014 15:45

Id prefer to trust the house brokers John :o)

[john09] 11/7/2014 15:45

So £10.36m in 2015?

[nurdin] 11/7/2014 15:44

No they are not...PEs and PEGs unaffected by currency anyway

[john09] 11/7/2014 15:44

I did some maths and I reckoned on £7.4m profit in 2015

[john09] 11/7/2014 15:43

Careful I think those are in USD$

[nurdin] 11/7/2014 15:28

Broker Forecasts

Year Ending Pre-tax EPS EPSg P/E PEG DPS

2014 7.03 9.45 35.85 16.82 0.47 1.51 0.95

2015 10.36 12.89 36.37 12.33 0.34 3


Sorry about the formatting...

Anyway 2014 PE of 16.82 falling to 12.33x for 2015.Corresponding PEGs of 0.47 and 0.34. Very cheap imo